The University of Colorado Board of Regents on Friday set undergraduate tuition rates for in-state students for the 2014-2015 academic year for its four major campuses.

CU-Boulder student tuition will likely have a 3.3 percent increase over the current year, but administrators can go as high as 3.4 percent once budgets are set, which would amount to a $298 increase in the College of Arts and Sciences over the current tuition levels.

Annual costs (for a typical student in an Arts and Sciences discipline): $8,760.

University of Colorado Denver tuition will be limited to a 3.5 percent, or $296, over the current year tuition.

Annual costs (for a typical student in an Arts and Sciences discipline): $7,470.

The University of Colorado, Colorado Springs was set at up to a 3.4 percent increase, or $254 over the current tuition.

Annual costs (for a typical student in an Arts and Sciences discipline): $8,460.

University of Colorado Anschutz Medical Campus undergraduate rates could rise to $21.50 per credit hour, a 6 percent increase over current rates.

Annual costs (for mostly nursing degrees): $10,800.

The tuition rates are qualified as “up to” because administrators will be working on budget proposals in the coming weeks, and will keep the increases as low as possible – and no higher than the ceiling figures listed.

State lawmakers limited tuition hikes this year to no more than 6 percent. Last year’s rates-of-increase across the CU system ranged from 6 percent to 8.7 percent. The rates are based on 30 undergraduate student credit hours.

The board voted 7-2 in favor of the slate of rates recommended by university administration, which presented information to the board during its meeting at system administration offices in Denver. Regents James Geddes and Joe Neguse voted against the proposed tuition rates.

Neil Westergaard is editor of the Denver Business Journal and writes the "Editor's Notebook" column. Phone: 303-803-9220.

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